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<br />4 <br />9. Regulations; Other Permits. I&M understands and agrees that it will, at its own <br />expense, observe and comply with all applicable statutes, laws, ordinances, requirements, orders, <br />rules, and regulations of all governmental authorities in relation to its use of the Property. I&M <br />understands and agrees that it will secure in its own name and at its own expense all required <br />permits, bonds, insurance and authorizations needed for its use of the Property. <br />10. City’s Use. I&M recognizes and acknowledges that City may seek, in the future, <br />to improve the License Areas for the use, enjoyment and benefit of City’s residents and visitors. <br />Except in the event of emergency repair work needed for a City utility or riverbank, the City agrees <br />that it will not place, construct, install, erect, or permit any permanent building, structure, or other <br />obstruction in the License Areas that substantially interferes with the Use or Work. I&M agrees to <br />cooperate with City when requested to locate, describe, and document the Work (with reasonable <br />opportunity to respond to any such requests) to permit City to plan and construct improvements in <br />the License Areas in a manner consistent with the terms of this Agreement. The Parties will <br />coordinate for any proposed work in the License Areas and it is understood and agreed that <br />widening and improvements of the walking path, park benches, bike racks, charging stations, <br />temporary vendor stands and event facilities, tents, signage and lighting that does not require <br />significant below grade concrete foundations, and minor landscaping that does not change the <br />grade and introduce significant root structure growth do not amount to substantial interference <br />with the Use or Work. If after fifteen years following the execution of this Agreement City plans <br />to construct public works improvements/projects in the License Areas that substantially interfere <br />with the Use or Work, City will use best efforts to avoid requiring I&M to relocate portions of the <br />Work to accommodate City’s public works improvements/projects. The City will coordinate with <br />I&M on proposed plans and alignments for City’s public works improvements/projects that <br />substantially interfere with the Use or Work to determine the most cost-effective solution for City <br />taxpayers and I&M’s customers that include City residents and businesses. <br />11. Indemnification. I&M agrees and undertakes to defend, indemnify, and hold <br />harmless the City, its respective officials, employees, agents, successors, and assigns, from and <br />against any liability, loss, costs, damages, or expenses, including attorneys’ fees, which the City <br />may suffer or incur as a result of any claims or actions which may be brought by any person or <br />entity arising out of the license granted herein by the City or I&M’s use of the Property. If any <br />action is brought against the City, or its respective officials, employees, agents, successors, and <br />assigns, in connection with I&M’s use of the Property, I&M agrees to defend such action or <br />proceedings at its own expense and to pay any judgment rendered therein excepting, however, any <br />judgment entered against the City for City’s own negligence. <br />12. Insurance. I&M, at I&M’s sole expense, shall maintain during the term of this <br />Agreement Commercial General Liability insurance covering I&M, in an amount not less than <br />Four Million Dollars ($4,000,000) per occurrence, inclusive of the limit of an umbrella or excess <br />policy. I&M agrees to include the City as an additional named insured on any such policy and <br />produce to the City evidence of the same, including without limitation a properly endorsed policy <br />and a certificate of insurance within thirty (30) days of the execution of this Agreement and <br />annually thereafter (“Policy”). To the extent the Policy authorizes I&M to do so, and doing so does <br />not otherwise void any Policy coverage(s), I&M grants City first priority on any Policy coverages <br />wherein the per occurrence limits of coverage under the Policy would be insufficient to satisfy a <br />claim(s) made by the City under the Policy. Notwithstanding anything in this Agreement to the